Of the total value, orders worth Rs 106 crore are from Oil India and the remaining Rs 51 crore is from IOCL. The delivery locations for the seamless pipes are Assam and Haryana.

Maharashtra Seamless manufactures carbon and alloy steel seamless pipes, ERW (Electrical Resistance Welding) steel and castings pipes. The company also owns a wind power mill.

The company had reported 48.06% rise in consolidated net profit to Rs 206.55 crore on an 8.35% fall in sales to Rs 1,222.94 crore in Q1 FY24 over Q1 FY23.